Dave Ramsey

My wife, Sharon, and I started with nothing when we got married. I was driving a 1902 Pinto and eating off a card table. ”

You have to teach children about money intentionally - create teachable moments. ”

When we talk about kids earning commission for chores, we always have at least one parent who argues that children should do chores because they are part of the family. I agree, but if you don't involve money in a few chores, you lose the teachable moments in the work, spend, save, and give principles. ”

Children who reach the age of eighteen with their entire skills set composed on Nintendo and eating Doritos have been neglected. Their parents neglected to give them the character traits necessary to live successfully. ”

This is a great time for the 'guerilla marketer.' The days when you used to have to buy expensive TV time and a yellow page ad to get started are gone. ”

Don't react with fear and panic in the face of debt collector threats. Talk to them and explain your situation. See if you can work out a compromise. ”

It takes some discipline and hard work, but relying on credit when things go wrong is a trap. ”

There is nothing wrong with having nice things, but when you are trying to buy nice things to be happy, you are going to hurt. It's not going to work. ”

My children were taught at an early age how money works and that it comes from hard work. They've been on a commission - not an allowance - since they were little. They learned that if they worked around the house, they got paid. If they didn't work, they didn't get paid. ”

You're not a bad parent if you don't save for your kid's college because instead you had to choose to feed them and clothe them. Those things come first. They can go to school and do this thing called 'work' while they're in school. ”